KUALA LUMPUR: HE Group Bhd
, slated for a listing on the ACE Market of Bursa Malaysia on Jan 30, has seen its initial public offering (IPO) oversubscribed by 63.35 times.
The electrical engineering service provider received a total of 12,201 applications for 1.41 billion issue shares with a value of RM396.36mil from the Malaysian public, representing an overall oversubscription rate of 63.35 times.
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